Michael Hoffman via flickrMinutes ago, we learned that U.S. retail sales unexpectedly climbed by 0.1%, despite the plunge in gas prices.
Excluding autos and gas, sales climbed by 0.6%, beating expectations for a 0.3% gain.
US futures are cutting some of their early losses.
Dow futures were down around 40 points just before the release.
Now they’re down by around 15 points.
Here’s a look at the futures action via FinViz: